Key Takeaways Itron posted Q3 EPS of $1.54, above estimates but down 16.3% year over year.Revenue slipped to $581.6M, impacted by portfolio optimization and project timing.Gross margin rose to 37.7%, while record backlog hit $4.3B and bookings reached $380M.Itron, Inc. (ITRI) reported non-GAAP earnings per share (EPS) of $1.54 for the third quarter of 2025, which beat the Zacks Consensus Estimate by 4.1%. The company reported earnings of $1.84 per share in the prior-year quarter. Although the bottom line wa ...

LIBERTY LAKE, Wash., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today financial results for its third quarter ended September 30, 2025. Key results for the quarter include (compared with the third quarter of 2024): Revenue of $582 million, decreased 5%;GAAP net income attributable to Itron, Inc. of $66 million, decreased $12 million;GAAP diluted earnings per share of $1.41, decreased $0.29 per share;Non-GA ...

Core Insights - North American utilities are rapidly adopting AI and data analytics, with 41% of executives reporting full integration of AI technologies, significantly ahead of the previous year's forecast of 27% [2][4] - The industry is under pressure from increasing demand due to manufacturing growth, electrification, and AI data centers, necessitating the modernization of infrastructure [3][4] Group 1: AI Adoption and Impact - The pace of AI adoption in utilities is unprecedented, viewed as a resilience strategy rather than a trend, with applications in predictive maintenance, hazard detection, and customer service [4][6] - 57% of executives see AI as crucial for optimizing grid performance, including load balancing and reducing energy loss [6] - Safety is a primary concern, with 53% of executives highlighting AI's role in hazard detection, enabling quicker responses than traditional methods [6] Group 2: Demand Forecasting and Customer Engagement - Demand forecasting is identified as a top priority by 51% of utility leaders, enhancing energy management and renewable integration for improved service reliability [6] - Consumer expectations are rising, with 57% of executives citing customer support as a significant challenge, driven by demands for personalized insights and proactive notifications [6]